8-K 1 fh0302_8k0308.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 25, 2003 FH (Depositor) (Issuer in respect of First Horizon Mortgage Pass-Through Trust, Mortgage (Exact name of registrant as specified in charter) Delaware 33-63714 14-1875564 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 4000 Horizon Way, Irving, TX, , N/A 75063 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (214) 441-4000 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Item 5. Other Events FH First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-2 On August 25, 2003, The Bank of New York, as Trustee for FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-2, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of February 1, 2003, among FH as Depositor, , Seller and Master Servicer and The Bank of New York, as Trustee. Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 99 Report to Holders of FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-2 relating to the distribution date of August 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of February 1, 2003. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: August 25, 2003 FH By: /s/ Diane Pickett ------------------------------ Name: Diane Pickett Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated August 25, 2003 Payment Date: 08/25/03 ------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------

Class Information Current Payment Information ---------------------------------------------------------------------------------------------------------------------------------- Beginning Pass Thru Principal Interest Total Principal Interest Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls ---------------------------------------------------------------------------------------------------------------------------------- Senior 1A1 ~~117~~116,~~399~~828,~~610~~076.8978 4.250000% ~~571~~625,~~534~~999.1195 ~~415~~411,~~790~~993.2982 ~~987~~1,~~324~~037,993.4077 0.00 01,772.0029 1A2 6463,~~036~~724,~~150~~404.8698 1.~~435000~~500000% ~~311~~341,~~745~~454.8852 7679,~~576~~314.5632 ~~388~~420,~~322~~768.4483 0.00 0341.0019 1A3 6463,~~036~~724,~~150~~404.8698 7.~~065000~~000000% 0.00 ~~377~~370,~~012~~133.8448 ~~377~~370,~~012~~133.8448 0.00 01,592.0022 1A4 15,609,000.00 5.625000% 0.00 7372,~~167~~853.1979 7372,~~167~~853.1979 0.00 0313.0040 1A5 391,000.00 5.625000% 0.00 1,~~832~~824.8196 1,~~832~~824.8196 0.00 07.0085 1A6 16,000,000.00 0.125000% 0.00 1,~~666~~659.6753 1,~~666~~659.6753 0.00 07.0014 1A7 9763,~~853~~229,~~055~~240.0192 5.750000% 3447,~~623~~825,~~814~~598.0952 ~~468~~301,~~879~~675.2272 3548,~~092~~127,~~693~~274.3224 0.00 01,297.0073 1A8 ~~6,113,190~~0.0300 2.~~385000~~450000% ~~6,113,190~~0.0300 ~~12,149~~0.9700 ~~6,125,340~~0.00 0.00 0.00 1A9 ~~361,233~~0.8600 11.000000% ~~361,233~~0.8600 ~~3,311~~0.3100 ~~364,545~~0.1700 0.00 0.00 A10 0.00 14.~~945216~~749559% 0.00 0.00 0.00 0.00 0.00 A11 ~~2,030,883~~0.9200 14.~~945216~~749559% ~~2,030,883~~0.9200 ~~25,293~~0.3300 ~~2,056,177~~0.2500 0.00 0.00 A12 40,000,000.00 5.750000% 0.00 ~~191~~190,~~666~~845.6770 ~~191~~190,~~666~~845.6770 0.00 0820.0097 Residual ARU 0.00 5.750000% 0.00 0.00 0.00 0.00 0.00 ARL 0.00 5.750000% 0.00 0.00 0.00 0.00 0.00 2A1 4643,~~983~~746,~~358~~535.7262 1.~~535000~~600000% 34,~~236~~895,~~823~~335.09 6058,~~099~~328.5571 34,~~296~~953,~~922~~663.6480 0.00 0.00 2A2 3230,~~888~~622,~~351~~575.3819 9.~~950000~~857143% 23,~~265~~426,~~776~~734.1959 ~~272~~251,~~699~~542.2559 23,~~538~~678,~~475~~277.4318 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 5,~~850~~842,~~395~~468.6639 5.~~613455~~613749% 7,~~927~~631.2787 27,~~367~~233.4567 3534,~~294~~865.7154 0.00 098.0013 B2 1,~~949~~947,~~800~~158.4648 5.~~613455~~613749% 2,~~641~~543.9752 9,~~120~~076.9335 11,~~762~~619.9187 0.00 032.0070 B3 1,~~462~~460,~~598~~617.9110 5.~~613455~~613749% 1,~~981~~907.8297 6,~~841~~808.8642 8,~~823~~716.6838 0.00 024.0053 B4 ~~974~~973,~~403~~082.0877 5.~~613455~~613749% 1,~~320~~271.3111 4,~~558~~535.1486 5,~~878~~806.4597 0.00 016.0034 B5 ~~488~~487,~~195~~534.8333 5.~~613455~~613749% ~~661~~636.5085 2,~~283~~272.7256 2,~~945~~909.2341 0.00 08.0019 B6 ~~731~~730,~~286~~295.2032 5.~~613455~~613749% ~~990~~953.8895 3,~~420~~404.8715 4,~~411~~358.7510 0.00 012.0027 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~435~~385,~~122~~591,~~514~~989.8188 - 4957,~~530~~130,~~524~~067.9396 21,~~033~~793,~~738~~503.6260 5158,~~564~~923,~~263~~571.55 - -6,344.95 ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1A1 116,~~828~~202,076.7883 01,772.0029 1A2 63,~~724~~382,~~404~~950.9846 0341.0019 1A3 63,~~724~~382,~~404~~950.9846 01,592.0022 1A4 15,609,000.00 0313.0040 1A5 391,000.00 07.0085 1A6 16,000,000.00 07.0014 1A7 6315,~~229~~403,~~240~~642.9239 01,297.0073 1A8 0.00 0.00 1A9 0.00 0.00 A10 0.00 0.00 A11 0.00 0.00 A12 40,000,000.00 0820.0097 Residual ARU 0.00 0.00 ARL 0.00 0.00 2A1 4338,~~746~~851,~~535~~200.6253 0.00 2A2 3027,~~622~~195,~~575~~840.1960 0.00 -------------------------------------------------------------------------------- Subordinate B1 5,~~842~~834,~~468~~836.3952 098.0013 B2 1,~~947~~944,~~158~~614.4896 032.0070 B3 1,~~460~~458,~~617~~709.1013 024.0053 B4 ~~973~~971,~~082~~811.7766 016.0034 B5 ~~487~~486,~~534~~897.3347 08.0019 B6 ~~730~~729,~~295~~341.3237 012.0027 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~385~~328,~~591~~461,~~989~~921.8892 -6,344.95 --------------------------------------------------------------------------------

Payment Date: 08/25/03 ------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------

Class Information Current Payment Information Factors per $1,000 ------------------------------------------------------------------------------------------------------------------------ Beginning Pass Thru CUSIP Principal Interest Ending Cert./ Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal. ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Senior 1A1 ~~117~~116,~~399~~828,~~610~~076.8978 4.250000% 32051DTZ5 45.~~797280~~254449 3.~~490015~~458148 ~~980~~975.~~618624~~364175 1A2 6463,~~036~~724,~~150~~404.8698 1.~~435000~~500000% 32051DUA8 45.~~797280~~254449 1.~~178393~~220523 ~~980~~975.~~618624~~364175 1A3 6463,~~036~~724,~~150~~404.8698 7.~~065000~~000000% 32051DUB6 0.000000 5.~~801636~~695774 ~~980~~975.~~618624~~364175 1A4 15,609,000.00 5.625000% 32051DUC4 0.000000 4.~~687500~~667422 1,000.000000 1A5 391,000.00 5.625000% 32051DUD2 0.000000 4.~~687500~~667422 1,000.000000 1A6 16,000,000.00 0.125000% 32051DUE0 0.000000 0.~~104167~~103720 1,000.000000 1A7 9763,~~853~~229,~~055~~240.0192 5.750000% 32051DUF7 ~~347~~480.~~978031~~659282 43.~~712354~~031917 ~~635~~154.~~469758~~810476 1A8 ~~6,113,190~~0.0300 2.~~385000~~450000% 32051DUG5 ~~165~~0.~~960464~~000000 0.~~329846~~000000 0.000000 1A9 ~~361,233~~0.8600 11.000000% 32051DUH3 ~~165~~0.~~960464~~000000 10.~~521304~~000000 0.000000 A10 0.00 14.~~945216~~749559% 32051DUJ9 0.000000 0.000000 0.000000 A11 ~~2,030,883~~0.9200 14.~~945216~~749559% 32051DUK6 ~~331~~0.~~920955~~000000 40.~~133859~~000000 0.000000 A12 40,000,000.00 5.750000% 32051DUL4 0.000000 4.~~791667~~771142 1,000.000000 Residual ARU 0.00 5.750000% 32051DUM2 0.000000 0.000000 0.000000 ARL 0.00 5.750000% 32051DUN0 0.000000 0.000000 0.000000 2A1 4643,~~983~~746,~~358~~535.7262 1.~~535000~~600000% 32051DUP5 6294.~~592129~~663637 1.~~162176~~127933 ~~845~~751.~~949481~~285844 2A2 3230,~~888~~622,~~351~~575.3819 9.~~950000~~857143% 32051DUQ3 6294.~~592129~~663637 76.~~533324~~948871 ~~845~~751.~~949481~~285844 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 5,~~850~~842,~~395~~468.6639 5.~~613455~~613749% 32051DUR1 1.~~347258~~297055 4.~~651164~~628427 ~~992~~991.~~941602~~644548 B2 1,~~949~~947,~~800~~158.4648 5.~~613455~~613749% 32051DUS9 1.~~347258~~297055 4.~~651164~~628427 ~~992~~991.~~941602~~644548 B3 1,~~462~~460,~~598~~617.9110 5.~~613455~~613749% 32051DUT7 1.~~347258~~297055 4.~~651164~~628427 ~~992~~991.~~941602~~644548 B4 ~~974~~973,~~403~~082.0877 5.~~613455~~613749% 32051DTW2 1.~~347258~~297055 4.~~651164~~628427 ~~992~~991.~~941602~~644548 B5 ~~488~~487,~~195~~534.8333 5.~~613455~~613749% 32051DTX0 1.~~347258~~297055 4.~~651164~~628427 ~~992~~991.~~941602~~644548 B6 ~~731~~730,~~286~~295.2032 5.~~613455~~613749% 32051DTY8 1.~~347246~~297038 4.~~651165~~628429 ~~992~~991.~~941857~~644818 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~435~~385,~~122~~591,~~514~~989.8188 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 260,343,384.79 68,118,536.93 328,461,921.72 Loan count 562 139 701 Avg loan rate 6.218467% 5.683405% 6.11 Prepay amount 48,538,255.68 8,072,051.55 56,610,307.23 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 36,053.57 12,372.03 48,425.60 Sub servicer fees 57,428.30 27,610.64 85,038.94 Trustee fees 1,545.72 382.24 1,927.96 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Coverage Amounts Total ---------------- ----- Bankruptcy 0.00 0.00 0.00 Fraud 0.00 0.00 0.00 Special Hazard 0.00 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 97.036595% 100.000000% 374,150,833.49 ----------------------------------------------------------------------------- Junior 2.963405% 0.000000% 11,426,211.10 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 1 645,974.77 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 1 645,974.77 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- REO INFORMATION -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 0.00 Current Total Outstanding Number of Loans: 0 -------------------------------------------------------------------------------- OTHER INFORMATION -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 58,923,571.55 58,923,571.55 Principal remittance amount 57,130,067.96 57,130,067.96 Interest remittance amount 1,793,503.60 1,793,503.60

Filing Compare · FIRST HORIZON ASSET SECS INC MORT PASS THRU TRUST 2003-2